The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1887-12-21

ayers give out that they sold some soO,eU
worth OF lots on that occasion, and that they
hone to be more successful at second SAFE,
to be held next month, provided they shoula
not be able 10 dispose of their enormous hold-
ings at private sale or on mail orucrs pelore
that time.
AN ADVERTISEMENT.
Seated upon fallen log, and with the 81
lence broken only by the twittering OF 1iras
In the leatlrss trees, the Herald man reau Inc
following from the page of the prospectus;
"WoRKMEN WANTED.-NecesSarliy tneS
will be- and very much so. Not only tnose
directly In the various building trades, put
men who are capable Of doing anything wnal-
ever in the way of working Will be wahtea 10
Talapoosa. There is already briSk demanm
there for everything OF utility. and TINS VIII
rapidly Increase. There Is every SORT 31 con-
slruction to lie done-hence there Will be 100
few rather than too many 20 40 IL. auos
However, there were dozen pages nlIeu
with figures and statements about the won
derful mineral resources OF the Sontn. lhe
sudcenness with which cities like blrmingcc
ham had sprung into existence and no eng oi
paragraphs giving names OF men men VINO no,,nnl muu
lated vast fortunes in few months or years
at Birmingham or Admission. All TINS is skill
fully contrivcd so az to create the impression
that the statements OF mineral wealth. Apply
as well to Tallapoosa and that there VIII be
similar boom and equally great lortunes
made there.
GL1TTERING PROMISES.
With this object, too, the wonderful advance
in the price of the stock Of the Elyton Land
Company. which founded the town Td bocf o Pr i
1871 cost the company S250jO. Last summer
the company had paid 81 ,32O,09O In cash dlVi-
dends, besides setting aside an enormous re-
ments. "Who would not like some of ~"
asks the Tallapoosa prospectus: Nv en-, 'ne at
only way to get 1t is to put up the money at
these prohibitory figures or to repeat its sue,
cegses elsewhere, W hich Is eXactly "hat we
propose to do and shall do
I'VE intend to build here great, rlch anu
beautiful city," adds the prospectus, ana a. as
the basis OF this city 1t refers to the soil,
splendid forests. fine climate and an immemse rnnt
suIphur and marble" Then the question,
Does mining pay?" is asked and answered
BY instancing the fortunes OF the Bon9nEa 'Ea
kings 1t did not occur to the writer OF tne
prospectus that anybody should ask the
Question, "How much of all these precious
products have you got, and no" mucn OF
them have you dug up. and why aoht he joes yo"
not 20 into that matter, but tells about pig
gold and copper mines OF the world anu tne
wealth they have yielded.
WHAT THEY ARE BASED ON.
Well, Az 10 the soil. nothing is said; the ell
mate is all right; the forests are IN douot.
The saw mill which stands right IN tne neI, - y
OF the proposed city does not belong to the
company, but to some pushing Michigan
Iumbertnen, who bought the timber before
the marvellous TallapOosa company was OF,
ganizcd. They could have hau Inc ,i iaHu
thrown in with the lumber for little or noun
ing extra, but they didn't want ~. Ihey Se nuse
done prosperous business turning the trees
into shingles and boards, and shipping them
to Birmingham. There has been no demanu
In the "City Of the Golden RIVER
LAND SELLING AT ONE DOLLAR AN ACRE
SAID TO BE WORTH MILLIONS.
Az the value OF land in the vicinity. 1t Is
a fact that the timber on a large tract IN the
0icny Was sSla min ihr the rail-
road irach. After the bargain was struck ihe
man offered to sell the land, too, LOT one uol-
lar per acre more. And TINS IN the Presence
Company and the magnificent value IL SETS
upon its lands. Here Is the company's own
estimate: ,ooo A., .,,
"Our gold assays from SIS to $500 to the ton
Tallapoosa, is reported to have yielded over
ssUO. .O1O and it has recently been capitalized at
81. .OOO, 900. With our gold alone as OASIS,
even II we had not another aitTactioT ION ~, ="
show, how could TallapooSa possibly fall 70
develop? Has abundant and easily gotten
gold ever been neglected since the word hau
n historyf We estimate the town lana lot
building purposes us worm 20 ever @ sz9I"o; Sr
mines as worth nearly SlWU.0UO; the marbic
as worth Sl,5OOOO0; the Iron as worth 81 ,aSI-
OO0: the copper. sulphur and garnet as worth
s.0UO,WO, using even 20 nuinoers n 'oi all '"'o'
The Total is over S9,OOOOOO.
THE WAY VISITORS ARE SHOCKED AND
SwISDLED
MANY of the visitors are so shocked by the
appearance of the place that they mean y"
wait only for the next train; but then the
"boomtrS" show them the sites ol the lacto
rics and eXpatiate on the miraculous grown
Of other places and show them samples ol the
0nh
fact that the Governor OF the Stale, Gen. !. Il.
Gordon Is "A director of the company, ana pc
fore they are brought back 10 the hotel the
chances are TINT they Will have Decn taikeu
into buying several corner lots:
Sceptical visitors. or those VINO want 10 see
for themselves the ''wonderful nineral
wealth." are mounted on the company
horses and conducted out OF the hotei ahu
shrewd. stalwart fellow, credited by Old resi-
dents with knowing the spots where the
mooushine corn whiSkey Is made. Ills name
IL Sandy Crew, and he Is the 'prospector. OF
the company. They DO say tnat II lone one gny,e ave
lands and find Camomdert cheese, he Would
be gone overnight and return In the morning
with specimens Of IL obtained from n true
tlssure vein. ,o,
talker, either, as he proved TO "pcrsonally
conducted party. OF which the Herald man
was one, on the way up the mountains, ana
through apparently trackless WOODS ;s,,nre TO tne
mines. Mr.. Spencer informed the Vlsllors
that blast furnace would be erected, 10 GO
into operation in the spring TO smell soile OF
the extraordinarily high grade iron ore lounu
on the lands. No, the contract for Its ereGtlon
had not yet been made: no, IL had not oeen
settled where II would be located.
AN IRON MINE AS BIG AS A CELERY PATCH.
NOW, here's one of our iron mines, SAID
Mr.. Spencer, as they party emerged into llt,
tie open space in the woods. The top sol
here was composed OF decayed leaves and
other vegetable matter. The mine" proved
to be an opening some fourteen feet long ana
about as wide and deep as a farmers celery
trench, In the red clay thrown out OF tnls
were q few pieces Of ore about as large ordl-
nary polatoes. Sandy and Dir. Spencer PICK
ed up some OF these and exchanged COM
mentl Oil the wonderful richness IN iron.
Their conversation was carried on In stage
whisper. AS they made this trip seeVera!
times day It's surprising that they snoulu
have to exchange these little condolences US u
they were now on the ground 1or the hrst
time.
4 VEIN or IRON AS THICK AS A HOME
MADE PIE.
AS there is nothing here to retain the atten-
ton of strangers, the party Is conducted 10
the biggest mine, the "card" OF the company.
This is perpendicular cut made into the 1901
of O hill-such O cut as would be made by nall
a dozen laborers in day or two. There was
exposed the edge OF O horizontal vein OF ore
about as thick as home made pie. The visl.
tors were led into the hole and assured that
when that cut should be continued the vein
~ .toIv1 IN IN.